EAST STAR RESOURCES PLC - Strategy for 2026 and Beyond скачать в хорошем качестве

EAST STAR RESOURCES PLC - Strategy for 2026 and Beyond

To be informed of all EAST STAR RESOURCES PLC's upcoming presentations, register at InvestorMeetCompany: https://www.investormeetcompany.com/e... 0:00 Introduction 4:26 Exploration Destination 11:22 Verkhuba Copper Deposit 16:22 VMA Exploration Pipeline 22:00 Piket and Judzha - Mineralisation above lithocaps 25:36 Q&A East Star Resources PLC (EST:LSE) delivered a February 2026 investor update outlining accelerating progress across its Kazakhstan-focused copper and gold portfolio, positioning the company to capitalise on strong commodity prices and structural copper demand growth. The flagship JORC-compliant Verkhuba copper resource (20Mt at ~1.1% Cu; ~230kt contained copper) is advancing toward production via a staged joint venture with Xinhai, which is funding additional drilling, feasibility studies and development of a proposed ~1Mtpa processing plant. Under the agreement, Xinhai can earn up to 70% on commissioning, enabling East Star to retain a meaningful minority interest while limiting upfront capital requirements and shareholder dilution. A second Soviet-era copper deposit at Rulikha, described as comparable in size but higher grade, represents a key 2026 catalyst as permitting and drilling approvals progress within an infrastructure-rich region supported by rail, nearby concentrators and low-cost power. Exploration upside remains significant, with VMS targets at Rulikha North and Talovskoy returning thick sulphide intersections ahead of further EM surveys and planned drilling, alongside three porphyry and epithermal gold-copper targets including the 4km-long “Snowy” prospect. A strategic joint venture with Endeavour Mining—now the largest shareholder (~14.3%)—adds funding support, technical capability and tier-one gold discovery potential. Management highlighted disciplined capital allocation, minimal warrant overhang and multiple near-term catalysts across resource growth, feasibility milestones and discovery-led value creation.